Tag: CBN
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CBN retains interest rate at 26.5%
The Central Bank of Nigeria (CBN) has retained the benchmark interest rate at 26.5 per cent, maintaining a cautious stance amidst inflationary pressures.
CBN...
CBN clarifies legal tender status of N100 banknotes
Mariam Abeeb
The Central Bank of Nigeria, CBN has clarified that both the commemorative ₦100 banknote and the standard ₦100 banknote remain...
CBN urged to ease rates, revive devt finance
The President of the Capital Market Academics of Nigeria, Prof Uche Uwaleke, has urged the Central Bank of Nigeria to gradually reduce interest rates...
Nigeria’s balance of payments surplus falls to $2.38bn in Q1 2026—says CBN
The Central Bank of Nigeria (CBN) says Nigeria’s balance of payments (BOP) surplus fell to $2.38 billion in the first quarter (Q1) of 2026.
The...
CBN mops up N6.88tn as inflation risks mount
By Mariam Abeeb
The Central Bank of Nigeria has withdrawn about N6.88 trillion from the financial system through Open Market Operations in the first two...
